Blue Spruce Corp. had checks outstanding totaling $$37600$ on its June bank reconciliation. In July, Blue Spruce Corp. issued checks

totaling $$270700.$ The July bank statement shows that $$183000$ in checks cleared the bank in July. A check from one of Blue Spruce

Corp.$\text{'}$s customers in the amount of $$2100$ was also returned marked $"$NSF$."$ The amount of outstanding checks on Blue Spruce Corp.$\text{'}$s

July bank reconciliation should be

$$87700.$

$$125300.$

$$123200.$

$$50100.$